They have 8% unemployment, 30% less GDP per capita than the US, and many other problems.
Government by caving in to riots is not in general being responsive to the needs of the people.
They have 8% unemployment, 30% less GDP per capita than the US, and many other problems.
Government by caving in to riots is not in general being responsive to the needs of the people.
One of the problems with just using economic metrics is it seems to confuse the fact that the economy is supposed to serve society, not the other way around. So it leads one to wonder: with those better economic measures, what is it buying for US citizens?
“I know of no country, indeed, where the love of money has taken a stronger hold on the affections of men…”
Besides work/life balance, the US gets much better as you earn more, and frankly high earners are generally less concerned with time off work too. Also why the US enjoyed ~30 years of European brain drain, those benefits are much less enticing when you are the one paying more and getting less.
Also keep in mind that French pay a lot for healthcare too, except it's called taxes. That $23/hr in France would be taxed at 30% compared to 12% in the US.
This only gets more dramatic as you climb the income scale, which inevitably means (in France) you are paying way more taxes (41% at $100k) while using those social services the least.
Compare to the US where you are paying 22% on $100k and likely getting high tier health insurance for ~$200/mo from such a job.
The takeaway is that America sucks if you are poor, but gets much better if you can make it out of the bottom half, and way better if you can get to the top 25%.
P.S. there is a reason the media only talks about the bottom 50% and the top 1%. Talking about the 50-99% would reveal where the real money in the country is (and offend/call out half the country too).
But this all digresses from the point: simple economic indicators like GDP without fuller context are a lazy and misleading metric for evaluating the health of a society.
So, since you're full of shit, let's do the math. I'll even be kind, I'll go 1$ = 1€. 23€ per hour, 35h/week, 4 weeks per month (broadly). 3220€ gross, which, to cut things short and not even get into gross -> net, let's assume 100% of your gross is now net, is 38640€ / year. The 30% tax BRACKET starts at 29316€. 25% gets taxed at 30%, 60% gets taxed at 11%.
Anyways, you're full of shit, I just needed people reading you to know it.